UK Stocks-Factors to watch on February 3
03/02/2026 05:09
Feb 3 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening flat on Tuesday, with futures FFIc1 largely unchanged. * BP: UK and European pension funds and activist shareholder ACCR are pushing BP BP.L to publish more information to prove its strategy of shifting spending from low-carbon to oil and gas projects will boost shareholder value. * GLENCORE: Glencore GLEN.L is close to engaging Citi as its lead investment bank on its potential acquisition by Rio Tinto RIO.L, two people familiar with the matter told Reuters. * OIL: Oil prices fell as market participants weighed the possibility of a de-escalation in U.S.-Iran tensions, while a firmer dollar placed greater downside pressure on prices. * METALS: Copper gained a foothold on Tuesday plunging in consecutive sessions, as investors saw supply concerns and demand prospects remain supportive for the red metal. * GOLD: Gold rebounded over 2% after a sharp selloff that was triggered by the nomination of Kevin Warsh as the next Fed chair and higher margin requirements at CME Group. * FTSE: The UK's FTSE 100 closed at a record high on Monday as investors piled into financials and defensive pharma stocks amid a global selloff in energy and metal shares. * UK CORPORATE DIARY:
| AG Barr | BAG.L | FY Trading update |